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The New Port Residences is a new executive condominium is a short drive to Pan Island Expressway

Jul 2

Newport Residences Anson Road review will be the first executive condominium (EC) located in Tengah Garden Walk. Taurus Properties The company was the highest bidder of the seven bidders on this prime executive Condominium (EC) site at Tengah Estate.

Taurus Properties is the Joint Venture of CDL Development Limited (CDL) and MCL Land.

City Developments Limited is a worldwide real estate company with a significant presence in more than 104 cities and over 30 countries and regions. It is among the biggest local developers that is listed in the Singapore Exchange. The company has several business portfolios , which include offices, hotels shopping malls integrated developments, residential properties as well as serviced apartment buildings.

MCL Land is a renowned residential developer that is always innovating to improve its services and committed to providing top customer satisfaction. MCL Land believes in offering innovative home solutions to ensure that homeowners can enjoy life, work and play. Over the past fifty years MCL Land has established an image of providing premium high-quality homes in Singapore and Malaysia.

New Port Residences will be their next collaboration EC launch in 2022. Customers can expect high-end kitchen appliances and finishes that are branded as part of New Port Residences ECwhich is predicted to top in 2026.

New Port Residences is the ideal home for families looking for the perfect balance of life and work. It is located in the most modern Forest Town, Tengah, residents can take advantage of a vast range of sporting and community facilities in the town of. Tengah is the very first HDB town designed with the latest smart technology town-wide with five distinct districts. The brand new EC is located strategically in district 24, at Tengah Garden Walk.

Families can visit nearby malls for shopping like LOT 1 Mall. LOT 1 Mall, which offers unbeatable shopping, dining and entertainment.

This executive condo is only a short drive from Pan Island Expressway (PIE), Bukit Timah Expressway (BKE) and Kranji Expressway (KJE) which is just minutes away to New Port Residences. The location is close to the planned Tengah plantation MRT (JE1) station. It will provide more convenience to homeowners and homebuyers alike. This line runs across Jurong Regional Line Phase 2. It is scheduled to be completed by 2028.

For schools in the vicinity There are DaZhong Primary School Jurong Primary School and Princess Elizabeth Primary School. Rulang Primary School as well as Shuqun primary school.

About The New Port Residences EC

The Housing & Development Board (HDB) issued its tender to bid on Tengah Garden Walk EC on 26/11/2020. The tender received 7 bids by the time the tender ended on the 25th of May, 2021. Taurus Properties Sg Pte. Ltd. was the winner of the tender by winning $400,3118,000 bid that works out to $603.00psf per square foot (per sq ft/plot ratio). The land area of 22,020.8 m2 or 237,031,89 Sqft will result in 120 residential units, with 12 towers that will be taller than 14-storeys.

Taurus Properties, a joint partnership 50:50 partnership between City Developments Limited (CDL) and MCL Land won the tender by a narrow margin of 0.03% compared to the next bid. New Port Residences EC is their second collaboration for 2022 following the success of the takeoff for Piccadilly Grand, which launched 7/5/2022 and was remarkably sold at the rate of 77% over the course of the launch weekend. On the weekend of the launch, impressive results can be observed from the 77% of the development being sold within only two days.

CDL & MCL are looking at another collaboration that will be successful for the new Port residences EC.

The New Port Residences at Tengah has been designed to be extremely technology- and design-oriented All 639 units are equipped with intelligent home technology, luxurious kitchen appliances, sanitary fittings and air conditioning system. The residence has 3 bedrooms to five bedrooms to accommodate families of all sizes.

This brand-new EC has areas that are ideal to bonding with family and friends. The homeowners are able to enjoy many amenities for wellness and lifestyle in various recreational areas. Port Residences is a brand new development. Port residences residents are able to book room for functions, which is equipped with an eating area and kitchen which can be used to host cooking events and classes. Additional amenities include tennis courts as well as multiple pools, including a 50-metre one with a pet's area, the indoor children's playroom, and a games room that has darts and pool table machine. With the playroom, function rooms and games rooms residents can host events and entertain guests from all the age ranges.

If you are interested in EC buyers, an additional benefit for first-time buyers is the right to an CPF Housing Grant up to 30K, and the Deborred Payment Schemeis accessible (subject the T&C). Contact us to make an appointment to determine EC eligibility, the amount of CPF Grant eligible and financial assessment, without obligation.

New Port Residences is the first EC located in Tengah, The Forest Town. Strategically located on the Tengah Garden Walk in District 24. It was previously a vast area of scrubland and forest, and was mostly used for military training grounds. Although it is still relatively undeveloped, Tengah, The Forest Town is a great place to live and can provide new experiences to future Residents from NewPort Residences EC. Tengah is covered in lush greenery and includes five planned residential districts each one with its own distinct characteristic. It is the world's first "car-free" city center, offering a secure space for cycling and walking. The residential areas of Tengah will be split into five districts, each one with its own distinct characteristic. The districts include Garden District. Plantation District, Forest Hill District., Park District along with Brickland District.

The themes of nature and forests are a major part of the design and planning of the districts as part of plans to incorporate nature into the homes.